Copper closes at US$5.1 for the first time since may in the U.S. market and is on the verge of a historic high
The current price represents an unusual premium of 12.6% over the quotation in London, due to tariffs being considered by … Read More
Copper rises due to U.S. and China policies, while the dollar falls by $15
The price of the red metal increased on the London Metal Exchange, and futures surged by more than 5%. The … Read More
Copper Price Surge Following Trump’s speech and China’s projections pushes dollar down
Chinese authorities confirmed yesterday that they expect to grow at a 5% rate this year, despite the trade war driven … Read More
70% of U.S. imported copper comes from Chile, and experts warn that imposing tariffs would be “Counterproductive”
Santiago and Washington have an active trade agreement that includes an anti dumping section, shielding both countries from such practices. … Read More
World’s biggest copper miner insists it can reverse production slump
Output at Chilean state-owned group Codelco has fallen to 25-year lows just as global demand surges By Ciara Nugent The … Read More
China closes the gap with Chile in lithium production as metal reserves increase
Experts believe it is unlikely that the Asian country will surpass Chile, given its smaller reserves and higher extraction costs. … Read More
Expert on ruling in favor of Dominga: “the Country’s credibility is at stake”
Juan Carlos Guajardo, founder and executive director of Plusmining, commented on the decision of the First Environmental Court of Antofagasta, … Read More
Copper mining costs in Chile have increased more than in the rest of the world
Experts point out that higher costs are due to older copper deposits, as well as environmental regulations and operational requirements … Read More
Economists predict that Trump’s tariffs would not have a”Direct Impact” on Chile for now
Tariffs Imposed by Trump and Potential Impact on Chile Arguing that it is necessary to “revitalize national production and protect … Read More
Codelco managed to halt production decline in 2024, but its gap with Escondida shrinks to a historic low
In 2024, the state-owned company recorded a total of 1.422 million tons of copper, a minimal drop of just 0.1%. … Read More
Trump’s Tariffs: “In the Case of the Mining Industry, theImpact Would Be Rather Limited”
The diversification of Chilean copper exports protects the industry, according to anexpert. However, a greater trade conflict would pose a … Read More
“Uncertainty Prevails”: The Impact of U.S. Tariff Increases
The President of the United States, Donald Trump, announced tariff hikes on various products and trading partners. The most recent … Read More
Codelco’s Own Production in 2024 Slightly Surpassed 2023, but Total Output Declined
Chile’s total copper production, including private companies, was only 1.7% higher than 20 years ago. By María José Giménez Máximo … Read More
US Tariffs on Copper Could Impact 11% of Chilean Metal Exports: Codelco Accounts for 45%
More than half of the refined copper imported by the world’s largest economy is produced by mining companies in Chile. … Read More
Juan Carlos Guajardo on Permits: “Without a Profound Change, Chile Will Continue Facing an Obstacle Course for Investment”
The executive director of Plusmining argues that “a structural change is necessary to simplify processes, eliminate redundancies, and promote a … Read More
The Potential Impact on Chile of a Possible Mega-Merger Between Mining Giants Rio Tinto and Glencore
Both companies are reportedly in talks to merge their businesses. Collahuasi, Lomas Bayas, and Escondida are among their assets in … Read More
Codelco workers fear copper production push hard to maintain
Codelco pushed hard to lift its copper production from a 25-year-low at the end of 2024, but union workers and … Read More
Producción minera mes a mes cae otra vez en noviembre
Con los datos sectoriales del INE conocidos hoy, economistas esperan que la actividad económica crezca entre 1,4% y 2,3% ese … Read More